New Car Registrations Rise in teh Czech Republic, Led by Škoda
Prague, Czech Republic – Interest in new passenger cars is increasing in the Czech Republic, with registrations showing positive growth despite ongoing global supply chain challenges. new car registrations increased, signaling a potential rebound in the automotive market.
The growth in demand comes as the Czech automotive sector navigates a complex landscape of economic uncertainty and shifting consumer preferences. The rise in registrations impacts not only car manufacturers and dealerships but also related industries, including finance, insurance, and automotive services. Continued growth is dependent on stabilizing supply chains and maintaining consumer confidence.
Škoda Auto led the market with 18,018 cars sold, followed by Volkswagen and Toyota, which sold over 14,000 vehicles. Kia and Dacia rounded out the top five brands. The most popular models were the Škoda Octavia, Kamiq, and Karoq.
SUVs currently dominate the market, accounting for 51.6 percent of all registrations. Gasoline-powered vehicles remain the most popular fuel type, with a 67.5 percent share, while diesel accounts for 20.1 percent and electric vehicles for 5.6 percent. A significant 73.6 percent of new car registrations were for company vehicles.
Light commercial vehicle registrations decreased by 10.9 percent year-on-year to 16,325, though october saw a 22.6 percent increase in sales. Toyota topped this segment with 2,995 vehicles, followed by Ford (2,601) and Volkswagen (2,101).
Truck sales fell by 3.3 percent to 7,421 units, with Mercedes-Benz leading at 1,667 registrations, followed by MAN (1,200) and Volvo (1,188). Bus registrations experienced a more ample decline of 33 percent, totaling 657 vehicles, even though October saw a 1.6 percent year-on-year increase. Iveco Bus was the top seller with 229 registrations, ahead of Mercedes Benz and Setra.
Motorcycle registrations decreased by 4.6 percent to 25,590 machines. Honda led the motorcycle market with 5,717 registrations, followed by CF Moto (2,934) and Yamaha (1,969).
